BullsToBears.com ("BTB") is a provider of independent market commentary, investment opinions and research. The information provided within this Web site is for informational purposes only.

Users should always check with their licensed financial advisor, including their tax advisor, to determine the suitability of any investment. BTB recommends that anyone trading securities should do so with caution and prior to the execution of a security trade based upon information from BTB, should consult with his or her broker or other financial representative.

All users are encouraged to fully investigate any security before making an investment. Users should obtain annual reports and other company information to complete their own due diligence in any investment. BTB calls to users' attention a Web site maintained by the Securities and Exchange Commission (the "SEC") where users can access, for purposes of such due diligence, reports, proxy and information statements, and other information regarding certain companies that file electronically with the SEC. The SEC also provides information regarding cyber fraud and other improper activity. The address of this Web site is http://www.sec.gov . Additionally, the National Association of Securities Dealers Regulation provides perspectives on how to invest carefully online at http://www.nasdr.com

Neither BTB nor anyone affiliated with BTB is responsible for any investment decision made by any user.

BTB has made reasonable efforts to ensure that content and information developed or written by it and provided on this Web site is accurate at the time of inclusion; however, there may be inadvertent and occasional errors for which BTB apologizes.

Certain statements or information contained in this Web site were developed or written by, or contain or are based upon statements or information developed or written by third parties. All such statements or information is the property of the original publisher. No independent verification of the accuracy of such information or statements has been made and BTB does not guarantee the accuracy or completeness of such information or statements. All opinions reproduced or retransmitted in this Web site are solely the opinions of the author and should in no way be construed as the opinions of BTB. The statements made herein contain general information and do not constitute an offer to buy or sell any security. All information and opinions expressed herein are subject to change without notice.

BTB, its employees and/or its affiliates, and family members of the foregoing, may act as consultants to the companies discussed, and may from time to time take positions in the open market or otherwise with respect to the securities discussed on this Web site. Opinions and recommendations contained herein should not be construed as investment advice. Do not assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment. BTB does not endorse any recommendation or opinion made by a user, nor does BTB advocate or recommend the purchase or sale of any security or any other investment.

Credit/Debit Card Payment/Your Contractual Obligation: The Credit Card and Debit Card payment service is an Internet-based service that allows you to make payments to BTB via the World Wide Web. In activating this service you authorize BTB or its authorized agent to debit or charge your account which allows your payment to be forwarded to us, based on the payment instructions you provide on the Web site or verbal over the phone, is subject to our Terms and Conditions.

You agree to pay the subscription fees and any other charges incurred in connection with your user name and password for a service at the rates in effect when the charges were incurred. Your subscription includes access to areas containing Premium content or services, your access to such areas may be subject to additional fees, terms and conditions, which will be separately disclosed in such areas. We will bill all charges automatically to your credit card. Subscription fees will be billed at the beginning of your subscription or any renewal. Unless we state in writing otherwise, all fees and charges are nonrefundable. We may change the fees and charges then in effect, or add new fees or charges, by giving you notice in advance. If you want to use a different credit card or there is a change in credit card validity or expiration date, or if you believe someone has accessed a service using your user name and password without your authorization, you must contact BTB to alert us to the problem. You are responsible for any fees or charges incurred to access a service through an Internet access provider or other third-party service.
You must notify us by mail, or E-mail (receipt of which must be confirmed by E-mail reply from us) of your decision to terminate your subscription. For annual subscriptions, we will notify you of the pending renewal of your subscription at least 30 days prior to the date your subscription renews, except as otherwise required by law. You must cancel your subscription before it renews to avoid billing of subscription fees for the renewal term to your credit card.

DISCLAIMER OF WARRANTIES AND LIMITATION OF LIABILITY

A. USE OF THE FORUMS AND THIS WEB SITE ARE AT USER'S SOLE RISK. NEITHER BTB, ITS AFFILIATES, NOR ANY OF THEIR RESPECTIVE EMPLOYEES, AGENTS, THIRD-PARTY CONTENT PROVIDERS, OR LICENSORS WARRANTS THAT USE OF THIS WEB SITE WILL BE UNINTERRUPTED OR ERROR FREE; NOR DO THEY MAKE ANY WARRANTY AS TO THE RESULTS THAT MAY BE OBTAINED FROM USE OF THIS WEB SITE OR AS TO THE ACCURACY, RELIABILITY, OR CONTENT OF ANY INFORMATION, SERVICE, OR MERCHANDISE PROVIDED THROUGH THIS WEB SITE OR THE FORUMS.

B. THIS WEB SITE AND THE FORUMS ARE PROVIDED ON AN "AS IS" BASIS WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO WARRANTIES OF TITLE OR IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE, OTHER THAN THOSE WARRANTIES WHICH ARE IMPLIED BY AND INCAPABLE OF EXCLUSION, RESTRICTION, OR MODIFICATION UNDER THE LAWS APPLICABLE TO THIS AGREEMENT.

C. THE DISCLAIMERS OF LIABILITY CONTAINED IN THIS SECTION APPLY TO ANY DAMAGES OR INJURY CAUSED BY ANY FAILURE OF performance, ERROR, OMISSION, INTERRUPTION, DELETION, DEFECT, DELAY IN OPERATION OR TRANSMISSION, COMPUTER VIRUS, COMMUNICATION LINE FAILURE, THEFT OR DESTRUCTION OR UNAUTHORIZED ACCESS TO, ALTERATION OF, OR USE OF SERVICE, WHETHER FOR BREACH OF CONTRACT, TORTIOUS BEHAVIOR, NEGLIGENCE, OR UNDER ANY OTHER CAUSE OF ACTION. USER SPECIFICALLY ACKNOWLEDGES THAT BTB IS NOT LIABLE FOR THE DEFAMATORY, OFFENSIVE, OR ILLEGAL CONDUCT OF OTHER THIRD PARTIES, MEMBERS, OR OTHER USERS OF THE FORUMS AND THAT THE RISK OF INJURY FROM THE FOREGOING RESTS ENTIRELY WITH EACH USER.

D. IN NO EVENT WILL BTB OR ANY PERSON OR ENTITY INVOLVED IN CREATING, PRODUCING, OR DISTRIBUTING THIS WEB SITE BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, OR CONSEQUENTIAL DAMAGES (INCLUDING BUT NOT LIMITED TO LOST PROFITS OR TRADING LOSSES) ARISING OUT OF THE USE OF OR INABILITY TO USE THIS WEB SITE OR OUT OF THE BREACH OF ANY WARRANTY. USER HEREBY ACKNOWLEDGES THAT THE PROVISIONS OF THIS SECTION SHALL APPLY TO ALL CONTENT ON THIS WEB SITE AND THE FORUMS.

E. BTB NEITHER ENDORSES NOR IS RESPONSIBLE FOR THE ACCURACY OR RELIABILITY OF ANY OPINION, ADVICE, OR STATEMENT ON THIS WEB SITE AND FORUMS, NOR FOR ANY OFFENSIVE, DEFAMATORY, OR OBSCENE POSTING MADE ON THE FORUMS BY ANYONE OTHER THAN AUTHORIZED BTB EMPLOYEE SPOKESPERSONS WHILE ACTING IN THEIR OFFICIAL CAPACITIES. UNDER NO CIRCUMSTANCES WILL BTB BE LIABLE FOR ANY LOSS OR DAMAGE CAUSED BY A USER'S RELIANCE ON INFORMATION OBTAINED THROUGH THE CONTENT ON THIS WEB SITE AND/OR ANY POSTING ON THE FORUMS. IT IS THE RESPONSIBILITY OF EACH USER TO EVALUATE THE ACCURACY, COMPLETENESS, OR USEFULNESS OF ANY INFORMATION, OPINION, ADVICE, OR OTHER CONTENT AVAILABLE THROUGH THIS WEB SITE AND/OR THE FORUMS. PLEASE SEEK THE ADVICE OF PROFESSIONALS, AS APPROPRIATE, REGARDING THE EVALUATION OF ANY SPECIFIC INFORMATION, OPINION, ADVICE, OR OTHER CONTENT, INCLUDING BUT NOT LIMITED TO FINANCIAL, INFORMATION, OPINION, ADVICE, OR OTHER CONTENT.

F. BTB DOES NOT ENDORSE, WARRANT, OR GUARANTEE ANY PRODUCT OR SERVICE OFFERED BY A THIRD PARTY THROUGH THIS WEB SITE AND WILL NOT BE A PARTY TO OR IN ANY WAY MONITOR ANY TRANSACTION BETWEEN USER AND THIRD-PARTY PROVIDERS OF PRODUCTS OR SERVICES. AS WITH THE PURCHASE OF A PRODUCT OR SERVICE THROUGH ANY MEDIUM OR IN ANY ENVIRONMENT, USER SHOULD USE HIS OR HER BEST JUDGMENT AND EXERCISE CAUTION WHERE APPROPRIATE. BTB HAS A NO REFUND POLICY IN EFFECT FOR ANY REASON.

G. USER SPECIFICALLY ACKNOWLEDGES THAT IN NO EVENT WILL BTB, ITS AFFILIATES, OR ANY OF THEIR RESPECTIVE EMPLOYEES OR AGENTS BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, OR CONSEQUENTIAL DAMAGES ARISING OUT OF (i) THE USE BY SUCH USER OF ANY BROWSERS OWNED OR OPERATED BY ANY PARTY AND/OR (ii) THE DOWNLOADING OF ANY SOFTWARE OWNED OR OPERATED BY ANY THIRD PARTY IN CONNECTION WITH THE SERVICE.

H. USER AGREES THAT THE LIABILITY OF BTB, ITS AFFILIATES, AGENTS, AND LICENSORS, IF ANY, ARISING OUT OF ANY KIND OF LEGAL CLAIM (WHETHER IN CONTRACT, TORT, OR OTHERWISE) IN ANY WAY CONNECTED WITH THIS WEB SITE OR THE INFORMATION IN THIS WEB SITE SHALL NOT EXCEED THE AMOUNT USER PAID TO BTB FOR USE OF THIS WEB SITE.

INDEMNIFICATION

By using this Web site, user agrees to indemnify and hold BTB, its officers, owners, agents, and any employee harmless from any claim or demand made by any third party due to or arising out of the use of BTB services. BTB reserves the right, at our own expense, to assume the exclusive defense and control of any matter otherwise subject to indemnification by User. This indemnification and hold harmless obligation will survive use of this Web site.

FORWARD LOOKING STATEMENTS

BTB releases may includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Certain statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate", "project", "intend", "forecast", "anticipate", "plan", "planning", "expect", "believe", "will likely", "should", "could", "would", "may" or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited operating history, the limited financial resources, and domestic or global economic conditions - activities of competitors and the presence of new or additional competition and conditions of equity markets.

LINKS TO THIRD-PARTY SITES

This Web site contains hyperlinks to other Web sites operated by parties other than BTB, and other resources and advertisers. Such hyperlinks are provided for user's reference only. BTB provides customized links to selected brokerage companies for user's convenience only. BTB is not a registered broker-dealer and does not endorse or recommend the services of any brokerage company. BTB is not responsible for the availability of these external sites nor is it responsible for any of the contents, advertising, products, or other materials on such external sites. BTB's inclusion of hyperlinks to such Web sites does not imply any endorsement of the material on such Web sites or any association with their operators. Under no circumstances shall BTB be held responsible or liable, directly or indirectly, for any loss or damage caused or alleged to have been caused in connection with the use of or reliance on any content, goods, or services available on such external site. Any concerns regarding any external link should be directed to its respective site administrator or webmaster.